Don't Delete Your Old Forecasts and Actual Demand Information

Interesting models can be developed to compare forecasts and actual demand. We have talked about how to quantify and monetize better forecasts accuracy earlier. How about maximizing profit base on demand risks (again forecasts variance near or far from actual customer demand) and limited production capacity in multiple plants? especially one has high minimum order quantity (MOQ) and low cost, the other has low MOQ and high cost.

So our small businesses, you can show that your flexibility and quick changeovers improve profits for your customers.